A financial independence journey fueled by passive income

RNX

A couple of sales in my portfolio. This time with big losses on a couple of wildcard equities that didn’t work out.

I had taken a couple of speculative positions in some junior mining companies that did not play out and decided to close and take the loss. Luckily for me, these were relatively small investments and although the percentage amount is huge, the dollar amount wasn’t too bad.

First purchase was same transaction repeated in two different portfolios – one in Mrs R2R’s RRSP, and the other in Baby R2R’s RESP account. For these portfolios, I follow a index investing approach and lately I’ve been thinking of moving to a simpler multiasset portfolio holding. I recently previewed the multiasset ETF options available in Canada. Based on that review, I decided to initiate a position in iShares Growth ETF Portfolio (XGRO.TO). This follows a 80/20 stock/bond approach and provides a one-stop passive investing approach providing global exposure. This was a small initial investment and over the months, I will continue buying regular amounts dollar cost averaging & building a full position. I still hold some bond positions that exist in these accounts and will leave them there for now until I am happy with the XGRO position & then sell those to go to a simple one-fund holding.